Vistry Group (LON:VTY) Reaches New 12-Month Low – Here’s What Happened

Shares of Vistry Group PLC (LON:VTY) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 487.40 ($6.23) and last traded at GBX 498.13 ($6.37), with a volume of 21820195 shares trading hands. The stock had previously closed at GBX 511.20 ($6.53).

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on VTY shares. Berenberg Bank decreased their target price on shares of Vistry Group from GBX 750 ($9.58) to GBX 650 ($8.31) and set a “hold” rating for the company in a report on Thursday, January 2nd. Royal Bank of Canada upped their price objective on Vistry Group from GBX 475 ($6.07) to GBX 500 ($6.39) and gave the company an “underperform” rating in a research report on Friday, March 28th.

Vistry Group Price Performance

The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. The company has a market capitalization of £1.72 billion, a P/E ratio of 6.97, a P/E/G ratio of -0.20 and a beta of 2.14. The firm has a fifty day moving average of GBX 600.30 and a 200 day moving average of GBX 718.33.

Vistry Group (LON:VTY) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 55.90 ($0.71) earnings per share for the quarter. Vistry Group had a net margin of 6.90% and a return on equity of 7.69%. On average, equities research analysts anticipate that Vistry Group PLC will post 108.4606345 EPS for the current year.

Insider Activity

In related news, insider Tim Lawlor sold 2,234 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of GBX 593 ($7.58), for a total value of £13,247.62 ($16,927.70). Insiders own 0.64% of the company’s stock.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.